[size=30]After starting the Boleo, BCS is the leading producer of cobalt in Mexico

January 28, 2015[/size]

A few days ago, Mining and Metallurgical Boleo (MMB) produced copper for the first time in his project "El Boleo". Thanks to this mining-metallurgical complex Baja California Sur is the largest producer of cobalt metal and second largest copper producer in Mexico.

El Boleo mining project is a self-sufficient in water and energy because it produces its own fresh water through desalination plants and in the energy aspect produces its own energy through motor-generator and a steam turbine, so it does not affect the resources assigned to the population.

One thing to highlight is the investment project of about $ 2,000 million; investment ever before for some unitary enterprise, to create a new mining operation in the state of Baja California Sur.

The annual production capacity is 51, 000 tons of copper cathode 99.99% pure cobalt metal is estimated at 1,700 tons per year and zinc sulphate is 25,000 tons every twelve months. Due to these production volumes project "El Boleo" will place the town of Santa Rosalia as a people of mining tradition, he placed the State of Baja California Sur as the second largest copper producer nationally and became the first producer of cobalt in Mexico.

The duration of minimum mine life is estimated at 22 years.

MMB already has an estimated production for the first year 2015 has seen the production of 24,000 tonnes of copper cathode, 8,000 tons of zinc sulphate monohydrate and 600 tons of cobalt.

The MMB operator currently generates more than 1,000 direct jobs, with 65% originating from Santa Rosalia. Importantly MMB has a high degree of responsibility in caring for the environment and the company has been characterized by developing high standards in the administration of their economic, environmental and social environment.

The company is led by a group of Korean companies headed by Korean Resources Corporation with 90% interest and Baja Mining with the remaining 10%.